Posted by bad_luck on 12/10/2012 1:12:00 PM (view original):OK. But why do we need to do those things now? Why do we need to immediately start paying down the debt? Will that somehow improve the economy?

There is a point where we cannot get back. It isnt really close, but it does exist.

Why shouldnt we do things now? Isnt a time when people are afraid of the economy dropping a good time to show that the government is serious about its fiscal house?

Posted by bad_luck on 12/10/2012 1:12:00 PM (view original):OK. But why do we need to do those things now? Why do we need to immediately start paying down the debt? Will that somehow improve the economy?

There is a point where we cannot get back. It isnt really close, but it does exist.

Why shouldnt we do things now? Isnt a time when people are afraid of the economy dropping a good time to show that the government is serious about its fiscal house?

We need to get out of the hole, and we need to start now.

But shouldn't we wait for the economy to recover all the way before we start doing things that might drag it down again?

There is usually a scene in rom/coms where one of the people makes a grand gesture that shows the other person that they are meant for each other.

I think avoiding the fiscal cliff is the grand gesture to show all Americans and the world for that matter that our government isnt broken.

It might be more symbolic than anything, but I think confidence is important.

Obama and the House Pubs needs to get this deal cut. Obama needs to compromise as much as our side has. Then we are half there. Revenue is on the table. SS and Medicare need to be on the table. No stimulus package needs to be on the table. Realistic cuts needs to be on the table. Even Defense can be on the table.

There is usually a scene in rom/coms where one of the people makes a grand gesture that shows the other person that they are meant for each other.

I think avoiding the fiscal cliff is the grand gesture to show all Americans and the world for that matter that our government isnt broken.

It might be more symbolic than anything, but I think confidence is important.

Obama and the House Pubs needs to get this deal cut. Obama needs to compromise as much as our side has. Then we are half there. Revenue is on the table. SS and Medicare need to be on the table. No stimulus package needs to be on the table. Realistic cuts needs to be on the table. Even Defense can be on the table.

No, that's a bad idea. We don't need to increase revenue right now. We don't need to make cuts right now.

Posted by bad_luck on 12/10/2012 1:12:00 PM (view original):OK. But why do we need to do those things now? Why do we need to immediately start paying down the debt? Will that somehow improve the economy?

There is a point where we cannot get back. It isnt really close, but it does exist.

Why shouldnt we do things now? Isnt a time when people are afraid of the economy dropping a good time to show that the government is serious about its fiscal house?

We need to get out of the hole, and we need to start now.

But shouldn't we wait for the economy to recover all the way before we start doing things that might drag it down again?